CANADA FX DEBT-C$ edges closer to parity with US$

Reuters Staff

1 Min Read

TORONTO, April 5 (Reuters) - The Canadian dollar shot to a
20-month high against the greenback on Monday, within striking
distance of parity with the U.S. currency, bolstered by higher
oil and metals prices and bullish U.S. employment data.

At 12:09 p.m. (1609 GMT), the currency was at C$1.0010 to
the U.S. dollar, or 99.90 U.S. cents. Parity was last reached
in July 2008.